The majority of Arkansas-based banks were among the leading lenders to “The Natural State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top 10 SBA Lenders in Arkansas:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Arvest Bank | Fayetteville, AR | 62 | $428,494 | 5.8% |
| 2 | Legacy National Bank | Springdale, AR | 41 | $433,227 | 6.0% |
| 3 | First Financial Bank | El Dorado, AR | 30 | $403,953 | 6.1% |
| 4 | Regions Bank | Birmingham, AL | 19 | $969,263 | 6.6% |
| 5 | Live Oak | Wilmington, NC | 18 | $1,878,928 | 6.1% |
| 6 | Simmons Bank | Pine Bluff, AR | 18 | $536,628 | 6.1% |
| 7 | Bank of the Ozarks | Little Rock, AR | 16 | $715,175 | 5.5% |
| 8 | First Service Bank | Greenbrier, AR | 15 | $290,493 | 6.2% |
| 9 | U.S. Bank | Cincinnati, OH | 11 | $26,600 | 9.0% |
| 10 | BancorpSouth Bank | Tupelo, MS | 10 | $207,520 | 5.4% |